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April 25, 2024

Singapore
Singapore’s New Prime Minister Lawrence Wong Faces Challenges From Day One

After two decades in office, Singaporean Prime Minister Lee Hsien Loong will pass the baton to the ruling party’s chosen successor, who faces a complex geopolitical environment and growing challenges…

Singapore's deputy prime minister stands at a silver podium wearing a black suit and maroon tie.

April 12, 2024

China
China’s New Currency Peg

The peg that shall not be named, and all the trouble that creates.

China’s New Currency Peg

March 10, 2024

China
China’s Record Manufacturing Surplus

The U.S. likes talking about the dominance of the dollar. But don’t short-change China’s current dominance of manufacturing trade. Trade imbalances need to be taken seriously again.

Manufactured Goods Surpluses

February 27, 2024

Asia
Taiwan’s 2024 Election Outcomes: Balancing Domestic Challenges and International Relations

This blog post originated from a recent discussion by Professor Syaru Shirley Lin in the Winston Lord Roundtable Series on Asia, the Rule of Law, and U.S. Foreign Policy, where she debriefed the rece…

Taiwan President-elect Lai Ching-te, of Democratic Progressive Party's (DPP) gestures as he attends a rally following the victory in the presidential elections, in Taipei, Taiwan January 13, 2024.

February 5, 2024

China
China’s New Currency Playbook

China’s pivot to a new strategy of indirect intervention through its large state banks requires new approaches to policing currency policies by both the U.S. Treasury and IMF.

Settlement by banks in China vs. Yuan-Dollar Exchange Rate

February 1, 2024

Russia
Mobilizing Russia’s Immobilized Reserves

A quick note on the debate over the use of Russia’s frozen reserves.

Euro banknotes at a money exchange office.

December 20, 2023

China
China: Year in Review 2023

A review of the most significant events in China in 2023, and a look ahead to the most pressing challenges and uncertainties the country will face in 2024.

Chinese President Xi Jinping waves as he walks with U.S. President Joe Biden at Filoli estate on the sidelines of the Asia-Pacific Economic Cooperation (APEC) summit, in Woodside, California, November 15, 2023.

December 18, 2023

South Korea
Seoul Has No Time to Dwell on Failed Busan Expo Bid

Despite the setback in the 2030 World Expo bid, South Korea must maintain its focus on revitalizing Busan to enhance the city’s chances in a potential 2035 bid.

South Korean supporters of Busan's candidacy gather outside the Palais des Congres as BIE Member States gather to elect the host country of the World Expo 2030 on November 28, 2023.

December 1, 2023

Sexual Violence
Women This Week: South Korean Court Rules in Favor of ‘Comfort Women’

Welcome to “Women Around the World: This Week,” a series that highlights noteworthy news related to women and U.S. foreign policy. This week’s post covers November 25 to December 1.

Former South Korean "comfort woman" Lee Yong-soo looks at a statue symbolising "comfort women" at the Seoul Comfort Women Memorial in Seoul, South Korea, June 29, 2021.

November 21, 2023

China
China's Current Account Surplus Is Likely Much Bigger Than Reported

The IMF needs to focus on China’s external account in its surveillance. The reported current account surplus appears to be significantly too low.

China's Current Account Surplus Is Likely Much Bigger Than Reported